Sse Plc (OTCMKTS:SSEZY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Sse Plc (OTCMKTS:SSEZY) have been given an average rating of “Hold” by the six ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company.

Several equities research analysts have recently issued reports on SSEZY shares. Citigroup reiterated a “sell” rating on shares of SSE in a report on Monday. Royal Bank Of Canada reiterated an “outperform” rating on shares of SSE in a research note on Friday, November 14th. UBS Group downgraded shares of SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of SSE in a report on Friday, November 14th. Finally, Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a report on Friday, December 19th.

SSE Stock Up 2.0%

SSE stock opened at $33.21 on Wednesday. SSE has a 12 month low of $18.60 and a 12 month high of $33.38. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97. The company’s fifty day simple moving average is $30.03 and its 200-day simple moving average is $26.50.

About SSE

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.